TOKYO :Core consumer inflation in Japan's capital Tokyo slowed in March for a second month but remained well above the central bank's 2 per cent target, data showed on Friday, highlighting broadening price pressures in the world's third-largest economy.A separate index stripping away energy prices rose at th
TOKYO :Core consumer inflation in Japan's capital Tokyo slowed in March for a second month but remained well above the central bank's 2 per cent target, data showed on Friday, highlighting broadening price pressures in the world's third-largest economy.
Core consumer prices in Tokyo, a leading indicator of nationwide trends, rose 3.2 per cent in March from a year earlier, compared with a median market forecast for a 3.1 per cent gain. Japan's economy is finally recovering from the scars of the COVID-19 pandemic after a delay, though risks of a global slowdown and rising food prices have clouded the outlook for exports and consumption.
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